After a 5 week hiatus work has once again begun on completing One of Charlotte’s 50 story high rise condo projects-The Vue. The Vue’s international syndicate of lenders had been worried about disappointing condo sales in the south charlotte real estate uptown market.

Dan McLean, CEO of MCL Cos. of Chicago, said work could resume at the 50-story luxury tower this week. The tower’s general contractor, R.J. Griffin & Co., announced late Monday that it had finally received payment and would restart construction “promptly.”

McLean said the new loan agreement gives him an additional year – until the end of 2012 – to sell out the building. Units in this south charlotte real estate project are listed for $319,000 to $2 million-plus. Slightly more than 50 percent of the tower’s 409 units are currently under contract.